4 ms·
I don't ignore it. My argument assumes that a 10% cheaper price expands the market by 10%. (However I recognize this is a simplification. In the real world the
by mrb 10y ago
I don't ignore it. My argument assumes that a 10% cheaper price expands the market by 10%.
(However I recognize this is a simplification. In the real world the market may expand by, say, 5 or 15%.)